In the recent weeks, we saw nice moves from altcoins especially TRX, XRP, and DOGE that gave great profits in short periods of time. Yet it seems like TOTAL2 has touched its resistance line. I personally expect some correction in the market. The first scenario is to return back to the midline of the channel and continue to grow afterward. The second scenario is to...
XLM is on the support line, if it breaks it upward we can expect to see the midline of the channel or 0.52 dollars. Yet, it might be better to wait and see the confirmation of the ascending trend. 0.41 dollars is an important resistance point to break.
It seems like after the recent bull rally bitcoin needed this correction. As you can see from the chart 47k is a very strong support line. On the other hand, 45k (the price that we saw as today's lowest price) is the midline of the Bollinger band. In addition to this, 48k seems to be a very interesting price for the buyers, as you can see from the volume profile....
XRP had formed this rising channel but it seems like it has fallen under the support line and now the same line might behave as a resistance. It might touch the resistance line once again and continue going down.
It seems like BCH is forming a bullish head and shoulder pattern and can break its resistance line.